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Investegate announcements from JPMorgan Japanese IT, Annual Financial Report

Toshiba Says CEO Satoshi Tsunakawa Will Serve as Interim Chairman 06/25/2021 | 09:20am EDT Send by mail : Message : By Peter Landers TOKYO--Toshiba Corp. said Friday that Chief Executive Officer Satoshi Tsunakawa would serve as interim chairman after the former chairman, Osamu Nagayama, was ousted by shareholders earlier in the day. Toshiba said a newly elected director, George Olcott, resigned after reconsidering his role in light of Mr. Nagayama's ouster. It said a director who was re-elected Friday, G. Raymond Zage III, would serve as head of the board's nomination committee and...

The Toshiba director has resigned warning of greater instability in the company Toshiba shareholders have extended “instability and uncertainty” confused conglomerate with them shock vote to remove the chairman of the company’s board, the director saw that he had no choice but to resign after the investor uprising last Friday. In an exclusive statement to the Financial Times following his sudden resignation on Friday, George Olcott expressed doubts about the vote to throw Osamu Nagayama – He described the man as one of the few leading Japanese companies capable of overseeing a turn on...